Hard Rock Hotel Portugal – Golden Visa Investment
This property is an amazing 5-star hotel in the Algarve town of Portimao eligible for the Portugal Golden Visa. Co-ownership investment of €280,000 with a guaranteed buyback after 6 years.
The Hard Rock Hotel Portugal is a world-class hotel that has 275 rooms and suites. Each room has a beautiful sea view, and the property’s design has been carefully crafted to integrate into the local environment and landscape. The entire complex is nearly 31,000m2. Other hotel features include a 1000m2 conference room, 4 on-premise restaurants, and 3 pools and bars. The hotel also has a kids club, its own private beach, and other convenient activities exclusive for its guests.
The developers have designed the hotel to capture the full rhythm of the Algarve’s laidback and coastal lifestyle. This beach resort is right next to the sea, just a few meters from the amazing Vau Beach.
What’s more, the hotel will be managed by a world-renowned international brand, ensuring that guests are cared for by one of the best international service providers in the world.
The call for investors is going out in April 2023 and the expected completion date is Q4 2025.
Hard Rock Hotel Portugal Investment
The project is calling for 245 investors to make €280,000 investments into the property for a total of €68.8 million. IMT and VAT taxes will be paid by the developer. The project is offering a guaranteed buyback between 6 and 12 years. In addition, owners are entitled to 7-days of free stay each year at any of the developers 24 hotels nationwide.
The developer of the Hard Rock Hotel Portugal has an extensive track record of success in developing Portugal Golden Visa properties that are managed by international brands. Moreover, they currently have a portfolio consisting of many operational hotels throughout Europe, which will be great for owners when they want to make use of their 7 free annual owner’s nights at one of these amazing properties. The development team prides themselves on delivering high quality hospitality services to guests from around the world.
Hard Rock Hotel Portugal Location
This property is located in Portimão, a Portuguese port city famous for its historic town center, vibrant marina, and proximity to stunning beaches. In fact, there are several amazing beaches within 20 minutes of this hotel. Portimão also has a rich history museum with relics from the town’s past, stunning natural cliffs, and a medieval form. Moreover, the area is close to the rolling countryside and the charming Praia do Vau beach.
The town is part of Portugal’s southern Algarve region. The Algarve area is famous for its beaches and diverse geography. The area is especially famous for seafood, water sports, and local delicacies. Moreover, surfing and golf enthusiasts will feel at home in the region, as it is famous for both activities and has a developed tourist infrastructure catering to both.
The region also features diverse wildlife ideal for birdwatching and fishing, so outdoors enthusiasts and animal lovers will find the region appealing. The region has a comfortable climate that some call the Southern California of the Mediterranean. The area has comfortable temperature almost all year round and has over 300 days of sunshine each year.
Accordingly, the Hard Rock Hotel Portugal provides investors with the chance to invest in an expanding tourism market while qualify for the Portugal Golden Visa with an investment of just €280,000.